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NBA free-agency update: Kris Humphries to sign with the Hawks after reaching buyout agreement with Phoenix

After reaching out a buyout agreement with the Phoenix Suns, veteran power forward Kris Humphries will reportedly sign with the Atlanta Hawks, per Michael Scotto of Sheridan Hoops.

Humphries will sign a minimum-salary contract with the Hawks, who will use his size to offset the absence of injured center/forward Tiago Splitter.

The Washington Wizards sent Humphries to the Suns in exchange for Markieff Morris at the trade deadline. The veteran power forward is pocketing $4.66M this season and is due to receive the same kind of money next season.

It’s unknown which party initiated the buyout talks, but Humphries will have a chance to enhance his free-agency stock this summer by playing for a playoff team.

“Humphries’ contract for next season would have been guaranteed if he had not been waived by June 30th, tweets Bobby Marks of The Vertical on Yahoo Sports. He also notes that if any team decides to claim Humphries, it would only have to pay about $1.1MM for the rest of this season, although it would absorb this season’s full salary on its cap,” (H/t Hoops Rumors).